UPI Transaction Failed? Here’re the Major Steps You Should Take

UPI proves to be a grand success! Making the Indian payment system completely cashless is now an achievable goal. In the world of digital payments, UPI is one of the most convenient, easy-to-use, and lightning-fast payment methods. Moreover, the accuracy and security of UPI or Unified Payments Interface is max level.

However, with this massive transaction volume of the UPI system, the chances of failed transactions increase. In this case, you must perform certain checks to know the reason behind the failure and avoid paying multiple times. Let’s discuss them in detail.

UPI Transaction Failed

Major Steps to Perform When UPI Transaction Fails

1. Check the Daily Transaction Limit

The National Payments Corporation of India, or NPCI, has presently established a daily transaction limit of 1 Lakh for UPI payments.

Also, each bank can decide its own daily limit for UPI transactions, which might be less than the NPCI’s set limit. For instance, some banks might stick to a daily UPI transaction limit of Rs 50,000.

One of the major reasons for UPI payment failure is busy payment servers. UPI transactions are carried out in real-time, instantly. This is why bank servers can face heavy traffic. To avoid this, you can add or link multiple bank accounts to your UPI ID.

3. Recheck the Beneficiary Details and Amount

Don’t rush! Before making payments, you must recheck the beneficiary details, such as account numbers and IFSC code, along with the amount. A large number of payment failures happen because of incorrect details.

Also read:

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4. Enter the Correct UPI PIN

Another major reason for UPI payment failure is the wrongly entered UPI PIN. It can be because you have forgotten the UPI PIN or you are typing incorrectly. Whatever, the reason is just to recheck before entering it.

5. Stable Internet Connection

Well, other than UPI Lite X or UPI Lite, if you are using the normal UPI version, then you must be connected to a stable internet connection to avoid payment failures.

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Rishabh Sharma

Rishabh is an experienced content writer and editor, he is working for Viralbake to cover a diversified range of categories. His articles mainly focus on providing information, being a travel guide, educating others, and also making people aware of technology, after all, he is a technophile. When not writing he can be found gaming, watching movies, and travelling.

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